F5, Inc. (NASDAQ:FFIV) Given Consensus Rating of “Hold” by Brokerages

F5, Inc. (NASDAQ:FFIV) has earned an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $204.56.

FFIV has been the subject of several recent research reports. StockNews.com lowered F5 from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, September 10th. Piper Sandler boosted their price target on F5 from $167.00 to $186.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 30th. Evercore ISI boosted their price target on F5 from $180.00 to $210.00 and gave the stock an “in-line” rating in a research report on Tuesday, July 30th. Barclays upped their target price on F5 from $189.00 to $214.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 30th. Finally, The Goldman Sachs Group upped their target price on F5 from $185.00 to $212.00 and gave the company a “neutral” rating in a research report on Tuesday, September 24th.

F5 Stock Up 0.5 %

Shares of NASDAQ FFIV opened at $217.00 on Friday. The business has a fifty day simple moving average of $208.43 and a two-hundred day simple moving average of $187.41. The firm has a market cap of $12.72 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.61 and a beta of 1.06. F5 has a twelve month low of $145.45 and a twelve month high of $224.47.

F5 (NASDAQ:FFIV) last issued its earnings results on Monday, July 29th. The network technology company reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.39. The business had revenue of $695.50 million during the quarter, compared to analyst estimates of $686.06 million. F5 had a return on equity of 21.03% and a net margin of 19.94%. F5’s revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.46 EPS. On average, research analysts expect that F5 will post 10.18 earnings per share for the current year.

Insider Buying and Selling at F5

In other F5 news, EVP Thomas Dean Fountain sold 851 shares of the business’s stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $192.71, for a total transaction of $163,996.21. Following the sale, the executive vice president now owns 16,000 shares in the company, valued at approximately $3,083,360. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other F5 news, EVP Thomas Dean Fountain sold 851 shares of the business’s stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $192.71, for a total transaction of $163,996.21. Following the sale, the executive vice president now owns 16,000 shares in the company, valued at approximately $3,083,360. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Francois Locoh-Donou sold 1,450 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $188.35, for a total value of $273,107.50. Following the sale, the chief executive officer now owns 124,022 shares in the company, valued at approximately $23,359,543.70. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,871 shares of company stock worth $1,575,855. 0.58% of the stock is currently owned by insiders.

Institutional Trading of F5

Hedge funds have recently modified their holdings of the stock. New Covenant Trust Company N.A. purchased a new stake in shares of F5 in the first quarter worth about $27,000. Kathleen S. Wright Associates Inc. purchased a new stake in shares of F5 in the third quarter worth about $32,000. Family Firm Inc. purchased a new stake in shares of F5 in the second quarter worth about $25,000. Quest Partners LLC boosted its stake in shares of F5 by 9,100.0% in the second quarter. Quest Partners LLC now owns 184 shares of the network technology company’s stock worth $32,000 after buying an additional 182 shares during the last quarter. Finally, Register Financial Advisors LLC purchased a new position in F5 during the first quarter worth approximately $38,000. Hedge funds and other institutional investors own 90.66% of the company’s stock.

F5 Company Profile

F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company’s distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.